Bell Helicopter provided a 429 program update Saturday at the
2008 Heli-Expo, confirming the performance of its new helicopter
and the status of its flight test program.
Bangalore-Based Aviators India Takes Two Phenom 100s
Last week, Embraer disclosed a contract with Indian business
aviation solutions company Aviators India Pvt. Ltd. for two Phenom
100 executive jets, totaling US$ 5.96 million, at list price. This
order, announced at the Extravaganza Mumbai 2008, February 22-23,
in India, is already included in Embraer’s firm order
backlog. Delivery is scheduled to begin in 2009.
Aero-News has learned global offshore helicopter service
provider CHC Helicopter Corporation will be acquired by a fund
managed by First Reserve Corporation, a leading private equity firm
that specializes in the energy industry. The all-cash transaction
amounts to Canadian $3.7 billion ($3.656B US), making it the
largest-ever buyout in the oilfield services industry.
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